Interventionism

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America Needs a Good, Old-Fashioned Economic Depression

Global EconomyFiscal TheoryInterventionism

Blog07/21/2016

Central bankers are moving heedlessly toward what Ludwig von Mises called "crack-up boom."

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In Europe, Workers Use Minimum Wage Laws to Exclude their Competition

Global EconomyInterventionism

Blog07/12/2016

Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.

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Too Many Laws: Why Police Encounters Escalate

Legal SystemThe Police StateInterventionism

Blog07/12/2016

Many encounters will police escalate to the point of violence because the list of criminal offenses is so long, and the penalties are so draconian.

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Here We Go Again: An August 2007 Redux

Global EconomyMoney and BanksInterventionism

Blog07/08/2016

Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.

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Brexit Shows Why Central Planning Won't Work

Global EconomyInterventionismPhilosophy and Methodology

Blog07/07/2016

Central planning relies on successfully predicting the future. Unfortunately for central planners, this is an impossible task.

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The Lesson Revisited

EducationInterventionism

Blog07/01/2016

Economics, as we have now seen again and again, is a science of recognizing secondary consequences.

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EU Hints It May Stop Speaking English To Spite UK

Media and CultureStrategyInterventionism

Blog06/27/2016

This week, the EU suggested that it would no longer allow English as an official language, and the Irish will speak Gaelic instead.

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The Myth of the Output Gap

InterventionismProduction Theory

Blog06/22/2016

The GDP framework and the output gap is an abstraction that does little more than provide justification for the interventions of government officials.

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